Which of the Following Indices Measure the Strength of the Relationship

question 5

Multiple Choice

Which of the following indices measure the strength of the relationship between two variables in a contingency table when both variables have three levels?

• A)the phi coefficient
• B)Pearson correlation
• C)Cramer's statistic
• D)the fourfold point correlation coefficient

---

Definitions:

Horizontal

Relating to the expansion or operation across the same level or stage in the supply chain, industry, or market, often involving partnerships or mergers.

Vertical

Pertains to a market or industry structure where the production process, from raw materials to final product delivery, is integrated within a single company or closely controlled through a chain of ownership.

Wholesaler

A wholesaler is a person or company that sells goods in large quantities at lower prices to retailers, rather than selling them directly to consumers.

Retailer

A business or person that sells goods to the consumer, as opposed to a wholesaler or supplier, who normally sell their goods to another business.